London Stock Exchange Share Chat (LSE)

LONDON (Reuters) - London Stock Exchange Group (LON:LSE) Chief Executive David Schwimmer said he feels "very good" about the proposed $27 billion acquisition of data and analytics company Refinitiv, in which Thomson Reuters has a minority stake.
Last week, the LSE rebuffed a proposed $39 billion takeover bid from rival Hong Kong Exchanges and Clearing, which vowed to press on with its proposal by speaking directly to the London bourse's shareholders.
Thomson Reuters, a professional information company that is the parent of Reuters News, holds a 45% stake in Refinitiv.
Schwimmer said two big drivers of change going forward are the increasing importance of data and multi-asset class investment strategies.
"We think that the Refinitiv transaction is a very strong fit strategically from that perspective, and really positions the London Stock Exchange Group very well to take advantage of growth in these areas," Schwimmer told a conference held by derivatives industry body ISDA.
"I don't think there is a lot of controversy around the increasing importance and focus on data."
Refinitiv brings content and distribution on a global basis that would be transformational for the LSE, raising recurring revenues and lowering exposure to volatile market transaction volumes, Schwimmer said.
"It's a transaction that we feel very good about," said Schwimmer, a 20-year veteran of Goldman Sachs (NYSE:GS) bank who became CEO of the LSE last August.

This must not be allowed in any circumstances , why is there not more in the press . Brexit is hiding this disaster in the making! It is not in the British interest , Nationalise it if this is the only way to stop this terrible state of affairs.

Anything in the Sundays at all?

HKEX ,according to the latest press ,prepares to go hostile and i think the closing price for LSE reflects that view

That's OK OWLS these things often happen on message boards.

Apologies Bernado, I was referring to Denby69's posts.

Ok its a runaway success
one of the unexpected few on the fotsie
if you've stuck with it since IPO good luck to you
but you've probably no fingernails left and bags under your eyes
not to count you keep mumbling in your sleep
"ought to have bought 100 times more."

£100,000K for 5 O Levels and 3 As?
At private skule?
Your having a laugh aint ya matey?
Whats the job after?
99% of firms do not want the product or cant use it believe me.
-
Old public schoolboy older and wiser

I wasn't making any point , I was asking a question.

The offer has been turned down flat today.

Not quite sure what point you are trying to make.

Personally I don't think it will go through but if it should will they be listed on the our exchange or in HK?

never hold for more than a few hours in this climate and def not over night
AND OWLS i bought some of these say a couple of years ago for £10 so now ea your heart out :-) they are paper shares

DENBY69, your short doesn't look so good today ! Already down 7%, ouch !

However, well done on your MTRO short, oops my mistake you bought them, oh dear !

unless they remove the HK$ PEG, which isn't that out of the question.

It looks like a good deal to me,, I get 2 Hong Kong shares trading at a discount + cash... as time goes on China will have mega importance and HK shares will have there correct value

No1 reason to have a share is to buy low,, then sell high,,, the 2 HK shares I get low and so can sell later at an extra profit

There will be new exchanges in the future,, no worries here

actually my company is on the side trying to start a new one in london for Britexit, if anyone would like to aid wit the software,, cash we have ,, software we lack
www.futuresexchange.uk or commoditiesexchange..co.uk if you have to write it differenly

He he Good one

Probably because existing and potential holders believe the HKEX bid has zero chance of succeeding. The LSE is a fabulous investment. Now look at the so-called 'offer' - £63 worth of it is in HKEX paper. Toilet paper! Why would anyone want to swap ownership of a prime London asset for paper issued in Hong Kong, when there are weekly riots on the streets and Mr. Xi, the despot from next door is threatening to send in the Red Army?

That explains why the current quote is £72, compared to the 'bid' of £83.61p. England have more chance of winning the Ashes, than this turkey ever has of taking off.

HK boys looking to take over the London crew :) M

..... no share chat here after what has happened.

DOWN 3.26 TO DAY LOL what a good short

I bought in the other week after it went ex div. the SP went down over -70p and now I’m up 2.5% so far , so entering now seems fairly safe I would say, good luck.

Very quiet BB which is usually good news.

I've bought today based on positive momentum.

https://youtu.be/IhbPOcRJ3bA. Fair price spending spree?

Apologies!!

Seriously, if you can face your demons like I did, you have nothing to lose and maybe a lot to gain.

Apologies for the disappointment jointed nature of this post, I'm posting from my mobile.

Just think about it is all I'm saying. We need to stand up for ourselves.

Best wishes to you all.

Shareshopper1